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Economic effects of product liability and other litigation involving the safety and effectiveness of pharmaceuticals

Liability effects on the economic performance of the pharmaceutical industry play a prominent role in the debate about the economic effects of product liability in the United States. The author analyzes incentive effects on company decisions, implications for economic outcomes such as drug safety an...

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Bibliographic Details
Main Author: Garber, Steven
Format: eBook
Language:English
Published: Santa Monica, Calif. RAND Institute for Civil Justice 2013, 2013
Subjects:
Business & Economics / Industries / General
Medical / Pharmacology
United States / Fast
Online Access:
Collection: JSTOR Open Access Books - Collection details see MPG.ReNa
Description
Summary:Liability effects on the economic performance of the pharmaceutical industry play a prominent role in the debate about the economic effects of product liability in the United States. The author analyzes incentive effects on company decisions, implications for economic outcomes such as drug safety and effectiveness, and suggests how public policy changes could mitigate liability-based sources of inefficient decisions of pharmaceutical companies
Physical Description:xx, 96 pages illustrations

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